Location
This food opportunity is located on Heaton Road which is one of the busiest roads running through Heaton, a popular suburb to the east of the City.
The property forms part of a busy parade at the junction of Heaton Road with Tynemouth Road and there are high levels of both passing and captive trade.
Business Opportunity
A food outlet has been trading from this site since 2017 and the premises were refurbished in 2022 when all new services were installed including a modern decor.
The main space is on split levels comprising a dining area to the front and then a service counter and kitchen beyond. There are additional storage rooms plus separate gents and ladies toilets.
The space would be suitable for a number of food uses but this is a rare to the market, part fitted opportunity with viewing strongly recommended.
Premises
Comprises a ground floor self-contained unit;
Ground Floor (all measurements approximate)
Restaurant 54 sq.m. (580 sq.ft.)
Kitchen 23 sq.m. (250 sq.ft.) Storage Rooms 27 sq.m. (290 sq.ft.)
Gents Toilets
Ladies Toilets
External
Patio Seating 20 sq.m. (215 sq.ft.)
Services
Gas, water and electricity on site.
Business Rates
The premises are assessed as follows:
Rateable Value £7,000
Rates free incentives subject to status.
EPC
Rating C.
Tenure
The premises are held on a lease for a term of 5 years from 2021 at a rent of £9,600 per annum. Further details on application.
Legal Costs
The ingoing tenant will be responsible for the landlord’s legal costs in the assignment of the current lease.
Money Laundering Regulations:
In accordance with the current Anti-Money Laundering Regulations, the Tenant will be required to provide two forms of identification and proof of the source of income.
